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Reits returned 13% in 2014, beating STI

Fortune Reit, Suntec Reit, CapitaRetail China Trust, First Reit also outperform other Reits

Published Mon, Jan 5, 2015 · 09:50 PM

Singapore

FORTUNE Reit, Suntec Reit, CapitaRetail China Trust, CapitaCommercial Trust and First Reit outperformed other real estate investment trusts (Reits) last year, according to data compiled by the Singapore Exchange (SGX).

Total returns include both price changes and reinvested dividends. For these five Reits, their stock prices jumped double digits over 2014 - from 18 per cent for First Reit, which owns healthcare assets in Indonesia, to 24 per cent for Fortune Reit, which owns retail malls in Hong Kong.

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